The Chicago Mercantile Exchange (CME), a leading global marketplace, is headquartered in the United States, specifically in Chicago, Illinois. Founded in 1898, CME has evolved into a pivotal player in the financial services industry, primarily focusing on derivatives and futures trading. With a diverse range of core products, including agricultural commodities, energy, and financial instruments, CME distinguishes itself through its innovative trading platforms and robust risk management solutions. The exchange has achieved significant milestones, such as the introduction of electronic trading, which has transformed market accessibility and efficiency. As a key component of the CME Group, which also includes the Chicago Board of Trade and the New York Mercantile Exchange, CME holds a prominent market position, consistently ranking among the largest futures exchanges worldwide. Its commitment to transparency and liquidity continues to attract a global clientele, solidifying its reputation as a trusted venue for risk management and investment.
How does Chicago Mercantile Exchange's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Chicago Mercantile Exchange's score of 36 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Chicago Mercantile Exchange (CME) reported total carbon emissions of approximately 91,479,000 kg CO2e. This figure includes Scope 1 emissions of about 309,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 10,417,000 kg CO2e, mainly from purchased electricity. The CME's Scope 3 emissions were significantly higher, totalling around 189,546,000 kg CO2e, with notable contributions from purchased goods and services (about 56,013,000 kg CO2e) and upstream leased assets (approximately 15,361,000 kg CO2e). CME has set ambitious climate commitments, aiming to achieve carbon neutrality across both Scope 1 and Scope 2 emissions by the end of 2026. This long-term target reflects their dedication to reducing their carbon footprint and aligns with industry standards for climate action. The CME's proactive approach to sustainability is evident in their ongoing efforts to monitor and manage emissions across all scopes, contributing to a more sustainable future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 635,690 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 34,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 12,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Chicago Mercantile Exchange is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.